BNPL startup Snapmint raises $125 Mn led by General Atlantic

Buy now pay later startup Snapmint has raised $125 million in its Series B funding led by General Atlantic, with participation from Prudent Investment Managers, Kae Capital, Elev8 Venture Partners, and existing angel investors. 

The proceeds will be used to expand its EMI-on-UPI offering and grow its merchant network. 

Recently, Entrackrexclusively reported on Snapmint’s fundraise. According to an ET report, $115 million came in as primary capital, while the remaining amount was raised through a secondary transaction.

Founded in 2017 by Nalin…